{"data":{"id":"us-ky/krs-304.12-180","jurisdiction":"us-ky","citation":"KRS 304.12-180","heading":"Interlocking ownership, management.","body":"(1) Any insurer may retain, invest in or acquire the whole or any part of the capital\nstock of any other insurer or insurers, or have a common management with any\nother insurer or insurers, unless such retention, investment, acquisition or common\nmanagement is  inconsistent with any other provision of this code, or unless by\nreason thereof the business of such insurers with the public is conducted in a\nmanner which substantially lessens competition generally in the insurance business\nor tends to create any monopoly therein.\n(2) Any person otherwise qualified may be a director of two (2) or more insurers which\nare competitors, unless the effect thereof is to lessen substantially competition\nbetween insurers generally or tends materially to create any monopoly.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=17030","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:42Z","sha256":"644f734929bfd240c9f10f03d1e9b5ea67c86c4c372069b39a40266ce44df043","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.12-170","next":"us-ky/krs-304.12-190"},"notice":"GroundRules: Original legal text. Not legal advice."}